AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.25.1
AMENDMENT TO EMPLOYMENT AGREEMENT
Xxxxx XxXxxx (“Executive”) and Stratex Networks, Inc., formerly DMC Stratex Networks, Inc.
(the “Company”), are parties to an Employment Agreement of May 14,
2002 (the “Agreement”). Executive and the Company now wish to amend the
Agreement, and thus they agree as set forth below. This Amendment shall be deemed
effective as of April 1, 2006.
1. Wherever the phrase “DMC Stratex Networks, Inc.” appears in the
Agreement, it is hereby deleted and replaced with “Stratex Networks, Inc.”
2. In Paragraph 1 of the Agreement, Executive’s title (Vice President, Product Marketing”) is
hereby deleted and replaced with the title “Corporate Vice President, Marketing.”
3. The following is added to Paragraph 5(c)(ii) of the Agreement: “provided, however that if
you are 60 years of age or older on the date of your termination without cause, and if you have
been employed by the Company for not less than three years as of the date of your termination
without cause, the Company will pay the premiums necessary to continue your Company group health
insurance coverage under COBRA (or to provide you with comparable health insurance coverage) until
you reach the age of 65 or until you are eligible to participate in another employer’s group health
insurance plan, whichever comes first;”.
4. In Paragraph 5(e) of the Agreement, the phrase “(ii to a maximum of 18 months)” is modified
to read as follows: “(ii to a maximum of 18 months, unless you are 60 years of age or older on the
date of your termination/resignation and you have been employed by the Company for not less than
three years as of the date of your termination/resignation, in which case the last clause of
subparagraph 5(c)(ii) shall apply)”.
5. In Paragraph 11 of the Agreement, the last sentence (”Provided, however ...”) is
hereby deleted and replaced with the following sentence: “Any arbitration conducted under this
Paragraph will be pursuant to the American Arbitration Association’s (“AAA”) National Rules for the
Resolution of Employment Disputes, a copy of which can be found on the AAA website at
xxx.xxx.xxx.”
Except as modified by this Amendment, the Agreement will remain in full force and effect.
Dated: April , 2006
|
/s/ Xxxxx XxXxxx | |||||
| Dated: April , 2006 | Stratex Networks, Inc. | |||||||||
| By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||||
| Its: | ||||||||||
